BHP shareholder vote raises pressure to quit Minerals Council

More than one in five shareholders support exiting groups ‘inconsistent’ with Paris climate goals

More than one in five shareholders of mining giant BHP have backed a resolution calling on the company to resign its membership of any industry associations whose advocacy is “inconsistent” with the Paris climate change agreement.

BHP’s board recommended shareholders vote against the resolution at its annual meeting in London, but 22% of shareholders voted in favour, with another 7% abstaining.

Continue reading...

from The Guardian https://ift.tt/2MSJnES
via
0 Comments